Find a space
Whether you need a retail space to rent in Leeds or an office to rent in London, we’ve got the commercial property to fit your needs. Or dive into our regeneration projects that are bringing new life to towns and cities around the UK.
Introducing Below The Lights
Below The Lights opened in summer 2024 in the heart of London - under the famous Piccadilly Lights.A unique Spotlight space for immersive events, Below The Lights is a place where brands can create memorable experiences and incredible media campaigns.
About
We build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential.
Our 2023 Impact Report
Our 2023 impact report deep dives into the ways our places and activities are making a difference across the UK. From our economic contributions to the social and sustainable value we deliver, we recognise that the consequences of the actions we take as an organisation are both far-reaching and long-lasting.
The potential of sustainable retail
Sustainable retail has the potential to boost local UK economies by nearly £100m and grow brand revenues by up to 13%.
Investors
Discover the strategy that drives our success, as we create sustainable value for our three types of investor: institutional, private and debt.
Annual Results 2025
Land Securities Group PLC announced its Annual results for the six months ended 31st March 2025 on Friday 16 May 2025
Strong leadership. Refreshed strategy. Clear purpose.
We enter the new financial year having put in place the building blocks for further growth with the release of our updated strategy.
Sustainability
We're working to enhance the health of our environment and improve quality of life for our people, customers and communities - now, and for future generations.
Sustainability Performance and Data Report 2025
We are committed to reporting our performance, methodology and data every year in a transparent way. In this report you will find details of our performance against our Build well, Live well, Act well sustainability targets.
We are working to Let Nature In
We’re letting nature into the design, development, and management of our spaces. We’re improving biodiversity; promoting health, wellbeing and community engagement by creating green spaces; and creating nature-based solutions to mitigate and adapt to climate change.
Careers
Life at Landsec
We're shining a spotlight on some of the inspirational people that work for us as part of our Life at Landsec series.
Media & Insights
Reverse mentoring for an inclusive future
Earlier this year, nine executive leadership team members (ELT) were each paired with a more junior colleague for a six-month reverse mentoring opportunity.
For us, sustainability is about the actions we take to fulfil our purpose so Landsec prospers far into the future. We want customers to prefer our spaces. We want communities to be pleased it’s us operating in their area. We want partners to share our priorities. And we want employees to invest their energy and ambition here.
To deliver this we’ve set ambitious sustainability targets, within our Build Well, Live Well Act well framework. This section includes a summary of our performance against those commitments and our key disclosures.
Science-based carbon reduction target (SBT): achieve net zero emissions across the value chain by 2040• Near-term target: reduce absolute Scope 1,2 and 3 GHG emissions by 47% by 2030 from a 2019/20 baseline• Long-term target: reduce absolute Scope 1, 2 and 3 GHG emissions by 90% by 2040 from a 2019/20 baseline
33% absolute carbon reduction
Reduce average upfront embodied carbon by 50% compared with a typical building by 2030 by prioritising asset retention where possible, smart design and using sustainable materials
41% average upfront embodied carbon reduction across development pipeline
Reduce energy intensity by 52% by 2030 (for properties under our operational control for at least two years) compared with a 2019/20 baseline
23% energy intensity reduction
Source 85% of total energy (electricity, gas, heating and cooling) consumption from renewable sources by 2030
68% total energy from renewable sources
Ensure 100% of assets located in areas highly exposed to climate risks have adaptation measures in place
Assets located in areas highly exposed to physical risks continue to ensure adequate protection and mitigation plans are in place, including Business Continuity and Emergency Response Plans. This year, we partnered with Munich Re to improve the assessment of portfolio exposure to climate risks, determining that 6% of ourportfolio is exposed to combined physical risks.
Deliver our nature strategy and associated targets across our operational assets and development schemes measuring progress against our three principles:• Improving biodiversity in the built environment: Biodiversity net gain (BNG)• Promoting health, well-being and community engagement: Environmental Benefits for Nature (EBN)• Creating nature-based solutions to mitigate and adapt to climate change: Urban Greening Factor (UGF)
100% of assets under our operational control have nature action plans in place.• Operational assets: performance against all metrics to be reported at least every 3 years with next update due in 2026/27 and interim update on initiatives implemented in 2025/26• Developments: performance to be reported on project completion basis
For every development, source 100% of core construction materials from ethical and sustainable sources, extending this across our full supply chain in due course
100% of core construction materials with a responsible sourcing certification
Promote reuse and circular economy principles, achieve at least 75% annual recycling rate across our portfolio and new developments, and continue sending zero operational waste to landfill.
• Recycling across operations: 65%• Recycling across new developments: 99.6% • Operational waste sent to landfill: 0%
Undertake water management assessment across assets under our operational control, ensuring water is used efficiently
This year we reviewed our approach to water focusing on areas we can have the biggest impact, based on three key principles: conservation, efficiency and protection. We are setting metrics and targets to help us monitor our performance in delivering these principles.
From a 2019/20 baseline, empower 30,000 people facing barriers into employment with the skills and opportunities to enter the world of work by 2030
• 14,737 people facing barriers supported into employment since 2019/20• 4,488 people supported through Landsec Futures in 2024/25
From a 2019/20 baseline, deliver £200 million of social value in our local communities by 2030, addressing social issues relevant to each area
• £96m of social value delivered since 2019/20
• £43m of social value delivered in 2024/25
We will design, develop and manage our assets and new developments to be accessible ensuring everyone feels like they belong.
This year we launched our Inclusive Design Principles, providing guidance and inspiration to our teams, consultants and service partners to ensure our spaces are accessible, useable, safe and welcoming.
Actively recruit, retain and progress a diverse workforce at all levels and nurture and support diverse talent into the wider real estate industry Gender targets by 2030: 40:40:20* Ethnic minority representation targets by 2030:• Board (20%)• Executive (20%)• Senior Leader (18%)• Leader (18%)* Our 40:40:20 gender diversity targets mean that we will have a minimum of 40% women and 40% men in the relevant population. 20% is flexible accounting for the small headcount and diversity beyond the gender binary.
Gender diversity:• Board: 50% female/ 50% male• Executive: 40% female/ 60% male• Senior Leader: 34% female/ 66% male• Leader: 39% female/ 61% male
Ethnic minority representation:• Board: 20%• Executive: 10%• Senior Leader: 3%• Leader: 8%
Promote a culture which enhances Landsec colleagues’ wellbeing, having relevant policies and delivering impactful campaigns
This year we have introduced additional benefits to support health and wellbeing including:• Introducing Health Cash Plan to help with everyday healthcare costs• Launching Headspace, an app to support mental wellbeing• Hosting a MHFA England webinar with all employees to raise awareness of mental health• Running sessions for all colleagues on mental health and neurodiversity inclusion through our Hand in Hand network to upskill colleagues and line managers• Creating new guides to support maternity returners and their line managers to ensure effective return to work
Achieve WELL portfolio programme annually for our directly managed office portfolio and new developments setting a baseline score against which we will aim for continual improvement
We continued to roll out the International WELL Building Institute’s (IWBI) WELL Portfolio programme across our operational assets. Currently, 41% of our directly managed office buildings are WELL certified, includingWELL Core Platinum for nine assets and WELL Core Gold for two assets.
Additionally, we were awarded WELL Equity ratings for 17 assets and WELL H&S Ratings at 18 of our assets, representing 67% of total managed offices.
All Landsec colleagues to have individual objectives to support the delivery of Build well, Live well, Act well with a proportion of remuneration linked to our energy and carbon targets.
Landsec colleagues commit to setting sustainability objectives as part of our sustainability training and ESG metrics are included in the Long-Term Incentive Plan (LTIP) and Annual Bonus Plan for Executive Directors and employees.
Build relationships with our customer base (office and brand partners), establishing partnerships to drive improved sustainability performance for mutual gain
Achieved 4.1/5 average score for customers agreeing we are doing a good job supporting them achieve their ESG goals.
Over the past three years, we have delivered energy audits for 38 of our office occupiers, reviewing their energy use and recommending ways to save as much as 15% energy usage annually. Building on these findings, our Workplace team shared these insights with a total of 54 customers, advising on energy-saving initiatives, and tracking implemented actions.
To date 23% of the 300+ recommended measures have already been implemented by our customers, with an additional 45% agreed to be delivered through Landsec-led interventions.
Build relationships with our strategic suppliers ensuring compliance to our Supplier Code of Conduct and enhancing sustainable practices throughout our supply chain
We continue to work with our suppliers to achieve our sustainability commitments and support positive change beyond our own business. Since publishing our Supply Chain Commitment in 2022, over 800 suppliers have signed up, including 93% of our strategic suppliers.
Provide safe, healthy and secure environments for those who work, visit, live and relax across our managed portfolio, maintaining ISO 45001 and BS 9997 certifications, as well as continually going beyond compliance delivering data-led and risk-prioritised improvement actions and leading the industry on fire safety
This year we maintained our ISO 45001 certification and BS 9997 fire-safety management system certification, both subject to independent auditing. We continue to focus our safety improvements on areas where we can have the biggest impact, including reducing the risk of significant occupational safety hazards.
Ensure all colleagues have read, understood and are following our Code of Conduct and underlying policies and standards which set out how we do things building on the foundations of our purpose and values
No. of whistleblowing incidents: 4
This year we reviewed and updated our Anti-Bribery and Corruption Policy and Ethical Business Policy, strengthening our procedures to prevent bribery and corruption. We also launched a new Financial Crime Policy.
Pay our colleagues the Real Living Wage and work with our suppliers to do the same
We continue to pay all our direct employees the Real Living Wage and encourage our suppliers to pay all those who work on our behalf the Real Living Wage.
